Poseidon Pharmaceutical Uk Limited

Poseidon Pharmaceutical Uk Ltd, based in Newport, UK, is a small holding company with an active status, established 21 years ago. Employing just three people, it holds £217,666 in assets and operates from a virtual address, registered at a location shared by fourteen other companies. The company is managed by three directors and owned by four individuals, boasting a perfect 5.0 Google rating based on two reviews. It regularly imports machinery, boilers, and mechanical appliances parts, with the latest import occurring in January 2025.

The company's website reveals a specialized business: supplying used pharmaceutical processing equipment. It operates an e-commerce site, offering a range of machinery like tableting equipment, cleaning brushes, and blister packers. The site emphasizes high-quality used equipment and caters to pharmaceutical manufacturers seeking cost-effective solutions. It even offers services like equipment selling and stock lists.

Financially, Poseidon Pharmaceutical Uk Ltd presents a mixed picture. While current assets increased by 6.2% to £220,000, net assets decreased by 14% to -£350,000. Bank borrowings increased by 19% to £550,000, and cash reserves rose by 210% to £35,000. Creditors decreased by 11% to £570,000, and trade debtors plummeted 63% to £18,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) keeps it nimble, but the equity decline suggests potential financial pressure. The accounts were prepared by Riverside Accountancy Lancaster Limited, and the company is exempt from audit as a small company. It seems that the company is doing well with the import business, but it has a large liability to group undertakings.

Registered in England/Wales under the registration number 04987103, with a registered address at TF10 8DJ, Newport, Shropshire, Fernhill Estate Office Fernhill Road, Sutton.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.